Li-ion Tamer Stops Thermal Runaway Events

CHARLOTTE, NC -- Honeywell has acquired an off-gas detection solution for lithium-ion (li-ion) batteries that detects thermal runaway events.

The acquisition of the Li-ion Tamer business of Nexceris enhances Honeywell's portfolio of best-in-class, fire/life safety technologies within its Building Automation segment.

The deal emerged from a partnership with Nexceris over the past five years to strategically address lithium-ion battery system safety. The transaction is expected to be immediately accretive to Honeywell's financials.

With demand for li-ion batteries expected to grow by over 30% annually through 2030, battery safety solutions are increasingly critical for sectors ranging from renewable energy to cloud computing. Safe monitoring and early detection enable essential steps to avoid or reduce the effects of thermal runaway – without these solutions, an entire system can be lost if a fire begins in an energy storage system.

By using early warning technology to detect battery off-gassing, which typically precedes thermal runaway, Li-ion Tamer provides facilities with vital time to intervene before a battery fire starts. With its detection technology that provides a warning up to 30 minutes in advance, Li-ion Tamer is trusted by leading battery OEMs worldwide.

"As lithium-ion battery use grows rapidly across data centers, EV infrastructure, and grid-scale energy storage, the risk of fire is increasing in parallel," said Billal Hammoud, president and CEO of Honeywell's Building Automation segment. "Li-ion Tamer's early warning technology has been revolutionary for our customers and partners over the last five years. Building on our legacy partnership, the acquisition of this product suite will position Honeywell as a leader in early gas detection and battery fire prevention. We expect this tuck-in acquisition to further bolster growth of our fire detection business."

The Li-ion Tamer product portfolio, which includes more than 30 global patents, will be integrated into Honeywell's Building Automation business, enabling Honeywell to offer a comprehensive suite of fire detection products that complement its existing advanced smoke detection technology and life safety solutions. Currently, this includes VESDA —a leading solution that detects the earlier signs of a potential fire — and Connected Life Safety Services, hosted on the Honeywell Forge IoT Platform that uses data to deliver the connectivity and intelligence needed for secure, compliant and more efficient fire system management.

For more information on Honeywell, go to www.honeywell.com.